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Cryptocurrency News Articles

Toncoin (TON) and BNB Show Resilience as Lunex Network (LNEX) Flashes Strong Buy Signals in Q4's Bull Market

Nov 16, 2024 at 01:01 pm

Toncoin and BNB have shown resilience over the last few days as both tokens emerged from the crypto dumps and recorded significant gains. However, savvy traders are still jumping ship to Lunex Network's new noncustodial exchange that is poised for 1800% gains by the end of its viral presale.

Toncoin (TON) and BNB Show Resilience as Lunex Network (LNEX) Flashes Strong Buy Signals in Q4's Bull Market

Toncoin and BNB both showed resilience last week as the two tokens emerged from the crypto dumps and recorded significant gains. However, savvy traders are jumping ship to Lunex Network’s new noncustodial exchange that is poised for 1800% gains by the end of its viral presale.

Toncoin (TON) to Rally Towards $6 in Q4’s Bull Cycle

Toncoin has been stuck in a correction since June 2024 but it finally bottomed on the day of Trump’s victory in the US Presidential Elections. Toncoin’s price has recorded a significant 15.36% increase over the last seven days.

However, TON investors are still eager for bigger gains. As Toncoin retests its horizontal support on the TON/USDT daily chart, breaking above this level could trigger a massive Toncoin rally in the upcoming days.

Toncoin is currently trading for $5.41 after a 3.86% intra-day surge. Toncoin’s volume has decreased by 36.18% over the last 24 hours.

Typically, a decrease in network activity is observed when the price action stalls after a strong surge. However, Toncoin’s daily chart is still flashing strong buy signals andことから judging by the technical analysis, Toncoin’s price is expected to rise towards $6 before the end of Q4’s bull market.

BNB’s Correction to End with Google Cloud Collaboration

BNB’s price reached a peak at $665 and is now facing a minor correction. However, BNB has announced a big collaboration with Google Cloud for its Most Valuable Builder (MVB) program that promotes dApp development on the BNB Chain.

This new collaboration includes a massive $350,000 reward for 40 projects. As a result, BNB is likely to see a huge influx of Web3 developers on its network soon.

BNB is currently trading for $629.52 after a 1.12% intra-day surge. BNB’s volume has dropped by 24.89% over the last 24 hours.

Typically, a decrease in buying pressure is observed when a token experiences a strong surge followed by a pullback. However, BNB is still trading above all of its Simple Moving Averages on the BNB/USDT daily chart.

According to the technical analysis, BNB’s price could test the $652.2 resistance soon.

Lunex Network (LNEX) Flashes Strong Buy Signals in Q4’s Bull Market

Lunex Network is experiencing one of the most explosive presales in crypto history. This new DeFi altcoin has already raised more than $2.21 million in record time.

At this rate, the Lunex Network presale shows no signs of slowing down any time soon. If this continues, Lunex Network could be looking at up to 1,800% gains ahead of the token’s official launch.

The reason why traders are flocking to Lunex Network’s presale is the platform’s unique integration of decentralized and centralized trading experiences into a single noncustodial DeFi exchange.

While traditional DEXs and CEXs still struggle to offer cross-chain transfers, Lunex Network is completely changing the game with its smart contracts ecosystem.

On Lunex Network, traders can swap or exchange more than 50,000 tokens across different blockchains with the click of a button. If this gold standard user experience wasn’t enough, then Lunex Network is also offering the lowest gas fees and fastest transaction speeds in the market.

Aside from the trading front, Lunex Network is also gaining investors because of its viral revenue-sharing model. As Lunex Network generates revenue through merchant listings and gas fees, the platform reinvests a huge chunk of its revenue to purchase more LNEX tokens at market price.

These tokens are then distributed to current long-term holders of LNEX as staking rewards with up to 18% APYs.

Even with all of these features, Lunex Network is currently selling tokens for a low price of only $0.0021 each. Since Lunex Network’s demand is skyrocketing, analysts are already projecting a massive price surge within the next few days.

You can find more information about Lunex (LNEX) Network here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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